Mosaic Flavors, a liquid and powdered flavour manufacturer, has acquired First Coast Flavors.
First Coat Flavors has specialist expertise in the food and beverage flavouring, and is involved in the end-to-end development and commercialisation of flavour solutions.
By acquiring First Coast Flavors, Mosaic Flavors will be better equipped to serve the food and beverage industry.
First Coast Flavors' co-founder and President, Rich Flanagan, will also join Mosaic as its Chief Commercial Officer as part of the agreement.
CEO of Mosaic Flavors, Mark Becker, commented: "We are excited to welcome First Coast Flavors to the Mosaic Flavors family. The company's innovative approach and can-do way of working perfectly align with our mission to deliver flexible flavour solutions to our customers."
"Together, we will have even more resources to create great-tasting products and drive growth."
Rich Flanagan, Co-Founder and President of First Coast Flavors, added: "Joining forces with Mosaic Flavors is an incredible opportunity for First Coast Flavors. Our combined strengths will enhance our ability to serve our customers and accelerate our growth."
First Coast Flavors has seen significant growth in recent years, so this acquisition will allow them to continue on this trajectory into the future.